Finding 480910 (2023-002)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-08-12

AI Summary

  • Core Issue: AHNI submitted their audit report late, missing the March 31, 2024 deadline for the year ending June 30, 2023.
  • Impacted Requirements: This violates the requirement under 45 CFR Part 75.512, which mandates audits be submitted within 30 days of the auditor's report or nine months after the audit period.
  • Recommended Follow-Up: Management should establish better processes and controls to ensure timely completion and submission of future audits.

Finding Text

Finding 2023-002 – Late Audit Reporting Identification of the federal program: Assistance Listing Number 14.239 Home Investment Partnership Program, Assistance Listing Number 14.856 Lower Income Housing Assistance Program, Section 8 Moderate Rehabilitation, and Assistance Listing Number 14.195 Project-Based Rental Assistance. Criteria: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted by the earlier of 30 calendar days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: AHNI did not complete and submit their audit for the year ended June 30, 2023 to the federal clearing house until after the March 31, 2024 deadline. Cause: Delays stemming from limitations on staffing and availability of information pertaining to the schedule of federal expenditures required audit procedures and ultimate completion date to extend beyond the regulatory deadline. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned costs: None Context: The June 30, 2023 single audit reporting package was filed late with the Federal Audit Clearinghouse. Identification as a repeat finding, if applicable: No. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Views of responsible officials and planned corrective actions: Management agrees with the finding. See attached letter.

Categories

HUD Housing Programs Reporting

Other Findings in this Audit

  • 480906 2023-002
    Material Weakness
  • 480907 2023-002
    Material Weakness
  • 480908 2023-002
    Material Weakness
  • 480909 2023-002
    Material Weakness
  • 480911 2023-002
    Material Weakness
  • 480912 2023-002
    Material Weakness
  • 480913 2023-002
    Material Weakness
  • 480914 2023-002
    Material Weakness
  • 480915 2023-002
    Material Weakness
  • 480916 2023-002
    Material Weakness
  • 480917 2023-002
    Material Weakness
  • 480918 2023-002
    Material Weakness
  • 1057348 2023-002
    Material Weakness
  • 1057349 2023-002
    Material Weakness
  • 1057350 2023-002
    Material Weakness
  • 1057351 2023-002
    Material Weakness
  • 1057352 2023-002
    Material Weakness
  • 1057353 2023-002
    Material Weakness
  • 1057354 2023-002
    Material Weakness
  • 1057355 2023-002
    Material Weakness
  • 1057356 2023-002
    Material Weakness
  • 1057357 2023-002
    Material Weakness
  • 1057358 2023-002
    Material Weakness
  • 1057359 2023-002
    Material Weakness
  • 1057360 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.856 Lower Income Housing Assistance Program_section 8 Moderate Rehabilitation $355,475
14.195 Section 8 Housing Assistance Payments Program $65,896
14.239 Home Investment Partnerships Program $2,115